ATM Growth Slows in China, India, Picks up in New Markets

The number of ATMs worldwide reached a record 3.3 million in 2016, however, the rate of expansion slowed to 3 percent, down from 5 percent in 2015, according to the RBR report, Global ATM Market and Forecasts to 2022. The decline has largely resulted from rationalization in western Europe and markets such as Brazil and […]

Arroyo Toasts Leaders of Cambodia, Myanmar at Welcome Dinner in Clark

CLARK FREEPORT ZONE, Pampanga — Former President and now Pampanga Rep. Gloria Macapagal-Arroyo hosted on Saturday a welcome dinner for Cambodian Prime Minister Hun Sen and Myanmar State Counsellor Aung San Suu Kyi here just before the three-day Association of Southeast Asian Nations (Asean) Summit. The leaders landed at the Clark International Airport early in […]

LS C&S Asia Begins Cable Factory Construction in Myanmar

South Korea’s cable maker LS Cable and System Asia on Tuesday said it broke ground on the local cable manufacturing facility in Myanmar. LS C&S Asia is expected to complete construction of the cable factory by November next year. The 19,800-square-meter factory will be built in the Thilawa Special Economic Zone. LS C&S Asia’s cable […]

6 Chinese arrested in China for scam at Myanmar border casino

Six people have been arrested for allegedly organizing people from China to gamble in Myanmar and illegally imprisoning them to force them to pay gaming debts, Shanghai police said yesterday. The gamblers, at least five of whom have been identified so far, were illegally transported into Myanmar from Yunnan Province. Set up so they would […]

Kandawgyi Palace Hotel fire Caused by Old Wires

Old wires caused the October 19 fire at the internationally renowned Kandawgyi Palace Hotel, resulting in a loss in excess of Ks37,000 million, according to an officer from Yangon East District Police. A joint team of officials from the departments of fire services, police, general administration, and electrical inspection joined with the Ministry of Hotels […]

All Yangon Taxis have Until Year-End to Register Their Vehicles

The Yangon Region Transport Authority (YRTA) officially announced that all taxis must register as city taxis before January 1. The announcement was made through the state-owned newspaper on November 12. Taxis in Yangon are privately owned and there are no regulations limiting their activities so far. Since late 2016, Yangon Chief Minister U Phyo Min Thein […]

Myanmar Steps up Its Bioenergy Production With Fujita Rice-Powered Plant.

Myanmar is to dramatically scale up its bio-energy ambitions with the building of a power plant in its Ayeyawaddy region fuelled by rice husks that will generate more than 12 million kilowatts annually. The building of the plant, which will use more than 18,000 tonnes of rice husks and operate round the clock for eleven months, […]

Shan govt Keeps Brain Drain at Bay with Vocational Grads

VOCATIONAL schools don’t just give people a leg-up, they improve the employment rate, facilitate entrepreneurship and help sustain the value chain within the region. U Tun Linn Oo, assistant director of Shan government Small-scale Industries Department (SSID), U Ko Ko Thet (SSID staff officer) and U Min Kyi (SSID assistant engineer) spoke to The Myanmar Times on […]

World-Class Aquarium to Open in Kandawgyi in April 2018

An aquarium of international standard is set to open in Kandawgyi in Yangon next April, according to U Phyo Min Thein, chief minister of Yangon Region. “Arrangements are being made to open an aquarium of international standard at Kandawgyi in April 2018,” he said. Fish breeding, prawn breeding and fish-keeping will be taught at a […]

Institute for Higher Education Development to be Set up

The government plans to establish a National Institute for Higher Education Development to better manage and administer higher education, a senior education official told the parliament on Tuesday. U Nyi Hla Nge, vice chair of the National Education Policy Commission, which is tasked with recommending reforms in the education sector, made the remark when he submitted […]